India: MSTC’s Auction for Iron Ore Sale

Metal Scrap Trade Corporation (MSTC) invites bid for sale of Iron ore through auction from different Iron ore mines/stockyard at Karnataka.

The e-auction is for registered Steel, Pig iron, Pelletisation, Sponge iron and Beneficiation plants which have been wholly/partly dependent on Iron ore from Karnataka for their own use.

There are two auctions which are scheduled on 17 Mar & 18 Mar, 2014.

Auction 1

• Iron ore lumps:176,000 MT
• Iron ore fines: 224,000 MT
• Total quantity: 400,000 MT
• Bid opening time: 15.00 hrs on 17 Mar, 2014

Bid submission due date: Before 14.00 hrs on 17 Mar, 2014

Auction 2

• Iron ore lumps: 116,000 MT
• Iron ore fines: 72,000 MT
• Total quantity: 188,000 MT
• Bid opening time: 11.00 hrs on 18 Mar, 2014

Bid submission due date: Before 10.00 hrs on 18 Mar, 2014

Royalty, Forest Development Tax, Sales tax, Cess and other statutory duties & levies etc as applicable at the time of supplies will be extra and payable by the successful bidder.